Dow Chemical Climbs on Higher Profit and Boosts Stock Buyback Plan

Shares of Dow Chemical are climbing on Wednesday after reporting better-than-expected quarterly profit and raising its stock buyback plan.

Shares of Dow Chemical are climbing on Wednesday after reporting better-than-expected quarterly profit and raising its stock buyback plan. Dow reported adjusted profit of 65 cents a share for the fourth quarter, beating analysts' expectations of 43 cents a share, according to Thomson Reuters. The chemical maker saw sales growth in nearly all of its operating segments during the quarter. Dow also tripled its share buyback program to $4.5 billion and raised its dividend by 15% to 37 cents a share.

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